Trade Talk

Food act

Singhbhum Chamber of Commerce and Industry (SCCI) hosted an event, future of trading in foodgrain, at Chambers Bhavan in Bistupur, Jamshedpur, on January 21. Referring to Food Safety and Standards Act 2006, the main issue of the event, SCCI vice-president Bharat Vasani said all the businesses with a stake in either food, medicines, beverages or any edible commodity, comes under the purview of this Act. The onus of getting eligible business outfits registered is on the respective state governments. In Jharkhand, the deadline for all such registrations is February 2014. In response, the SCCI has approached the national outfit Confederation of All India Traders, asking for the latter’s help in asking the Centre to extend the deadline

Affordable fashion

Max, a division of Lifestyle International (P) Ltd, and a leading Indian "value fashion" brand, opened its first store in Jharkhand on January 23. The 15,000sqft Max store is on Ranchi Main Road near Overbridge. “The three-storey store offers over 10,000 designs in apparel, footwear and accessories for men, women and children,” said Max executive director Vasanth Kumar. He also announced an exclusive inaugural offer of a Rs 400 gift voucher against any purchase of Rs 1,999 or above, valid for the first two weeks

Nano steering

ASL Motors launched the new Tata Nano Twist at a function at its showroom-cum-workshop in Adityapur industrial area, Seraikela-Kharsawan, on January 18. The new model from the Tata Motors stable is equipped with power steering to make the compact and affordable car zip on crowded city roads, negotiate traffic and park easily. Tata Nano Twist, with an electric power-assisted steering (ESP), costs Rs 2.36 lakh

Road to progress

Maithon Power Limited, a joint venture of Tata Power and Damodar Valley Corporation (DVC), has constructed a 650m pre-stressed cement concrete (PCC) road between Poiladih and Gogna villages in Dhanbad district to facilitate better connectivity. Panchayat mukhiya Manju Devi inaugurated the road on January 27. “We also plan to repair damaged roads of the neighbouring villages soon,” said Bhaskar Sarkar, company CEO